Heres

Here’s the Production Rimac C_Two, Now Called the Nevera

Photo credit: Rimac

Photo credit: Rimac

  • Rimac Automobili has launched its new all-electric Nevera hypercar, with the name coming from the “mighty and unexpected Mediterranean storm that races across the open sea off Croatia,” the company says.

  • The company says the performance is unparalleled from four electric motors producing 1914 hp, good enough for 0-60 mph in 1.85 seconds.

  • The car costs $2.4 million, and Rimac is only building 150 of them.

Rimac, the Croatia-based electric hypercar maker, has finally unveiled the production version of the C_Two. The production is called the Nevera, named for the storms that occasionally pound the Croatian coast. The car starts at $2.4 million.

“This is it. This is the car I had in mind when I embarked on the impossible journey ten years ago,” said company founder and CEO Mate Rimac. “All our hard work has resulted in the Nevera – our record-breaking hypercar. This

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Should you buy your leased car? Yes, here’s why

As the final months of your car lease tick down, your decision is to buy your leased car or turn it in. In fact, the leasing company, or the dealer where you leased it, is probably already bugging you to turn in the vehicle early and lease another. Time is running out to pick: return or keep.

Other than the ease of writing off those lease payments as a business expense, if you qualify, the key reasons for leasing are lower monthly payments and the opportunity to move to a new car every two or three years. All three will factor into your return-or-keep decision process.

What does leasing a car mean?

The key to leasing is depreciation or the amount of lost value. It begins the moment you drive a new car, truck, or SUV off the dealer’s lot. On average, vehicles depreciate as much as 20 percent the

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Used-car prices surpassed $25,000 for the first time. Here’s how to still snag a good deal

By Elisabeth Buchwald

Don’t sit on a used car deal, if you’re lucky enough to find one since it will likely disappear, car experts told MarketWatch.

Car salespeople are in the driver’s seat, especially in used-car dealerships where the marker is hot — and it doesn’t show signs of cooling any time soon.

Last month, the average price of a used car soared to an all-time high of $25,463, according to research firm J.D. Power. That’s more than $2,000 the average used car price was in April of last year, and it’s the first time the average price of a used car has exceeded $25,000.

“The used vehicle market continues to be red hot and prices remain at record levels. This isn’t going to change in the foreseeable future,” Jonathan Banks, vice president of vehicle valuations at J.D. Power, said in a statement.

Retail sales for new vehicles were expected

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Here’s what to know about trading in your used car

If you have a used car, now may be a good time to pull the trigger on trading up.

The average trade-in value for all used vehicles reached an all-time high of $17,080 in March 2021, according to a report by automotive website Edmunds.com.

The pandemic wreaked havoc on automobile supply chains, leading to several key shortages that tightened the supply of new vehicles. As a result, consumers are turning to the used market in search of more alternatives and better value.

“If you plan to purchase a new car and trade in your existing vehicle, you’ll be in an excellent position to get top dollar for it,” said Laura Adams, a personal finance expert. “The most desirable cars will be under two years old and in excellent condition.”

But trading in a used car for a newer vehicle isn’t the right move for everyone. Here’s how to

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